Nigeria Needs $10bn Yearly To Achieve Stable Power Supply – Minister

Описание: The Minister of Power, Adebayo Adelabu, has said Nigeria needs $10 billion annually for 20 years to have a steady electricity supply.

Speaking at the inauguration of a 2.5 megawatt solar hybrid power project at the Nigerian Defence Academy in Kaduna State, the minister identified inadequate maintenance, insufficient investment, and the inability to upgrade transmission grids as major causes of the infrastructure gap in the power sector, which has accumulated for over 60 years.

He said President Bola Tinubu’s administration was trying to address the challenges of epileptic power supply across the country.

The minister expressed the government’s commitment to providing sustainable and reliable energy to critical national institutions like the NDA.


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